Hong Kong Stock Market Midday Report: Three major indices rise together, technology stocks and AI application stocks all increase.
In the morning session, the three major indexes of the Hong Kong stock market collectively rose. As of the midday break, the Hang Seng Index rose by 0.82%, the State-Owned Enterprise Index rose by 0.77%, and the Hang Seng Technology Index rose by 0.78%. Many technology stocks performed well, with Tencent rising by 2.6% and its stock price reaching above 525 Hong Kong dollars during trading, Xiaomi rose by 1.5%, and the photovoltaic industry continued to grow. Several departments held industry symposiums, and solar energy stocks were strong. DeepSeek reportedly initiated its first round of external financing, AI application stocks collectively rose, and demand for May Day travel increased, leading to a collective rebound of the three major airline stocks. In addition, coal and oil stocks declined.
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